1Inch
1inch Partners With Unstoppable Domains to Compete With ENS
The 1inch decentralized exchange aggregator protocol has entered into a new partnership that could see it offering services to rival the Ethereum Name Service (ENS).
On Oct. 4, the 1inch network announced a partnership with nonfungible token (NFT) domain name provider and digital identity platform Unstoppable Domains.
The new collaboration signals a move into the decentralized domain space, which is currently dominated by the Ethereum Name Service (ENS).
According to the announcement, the partnership will allow 1inch Wallet users to perform transactions in a more user-friendly way by replacing complex addresses with domain names. This is precisely what ENS offers – replacing Ethereum addresses with web-friendly domain names.
1/ ⚡️ Meet the most unstoppable announcement of this week!#1inch is excited to announce a partnership with 🌐 @unstoppableweb, an #NFT domain name provider and digital identity platform.
— 1inch Network (@1inch) October 4, 2022
▶️ Read more: https://t.co/ooGROWT9XR#DeFi #crypto #Web3
Big Name Choice … But at a Price
Unstoppable Domains generates user-friendly names by minting them as an NFT so that the holder can keep them forever. By comparison, ENS domains need to be renewed periodically, just like real-world domain names.
Big Name Choice … But at a Price
Unstoppable Domains generates user-friendly names by minting them as an NFT so that the holder can keep them forever. By comparison, ENS domains need to be renewed periodically, just like real-world domain names.
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